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Author: James Wilson
Bitcoin is showing signs of gathering strength after a week of sideways movement, with two key on-chain indicators hinting at a potential breakout. Summary Bitcoin’s MVRV ratio is converging toward its 365-day MA, a pattern historically followed by rallies. The futures market shows signs of cooling, suggesting a healthier, less speculative BTC rally. Technical indicators show consolidation near support, with a potential breakout brewing. In a July 31 analysis, CryptoQuant contributor CoinCare pointed to the Market Value to Realized Value ratio, which currently sits at 2.2 and is converging toward its 365-day moving average. Historically, such periods of convergence have…
Ethena’s total value locked has surged by an impressive 50% in the past month, with ENA posting significant price gains. Summary Ethena’s TVL rose 50% in July, reaching $8.44B, with strong USD inflows. ENA price surged 134% in a month, boosted by whale activity and key developments. Technical indicators show a bullish uptrend, with support at $0.60 and resistance at $0.70–$0.75. According to DeFiLlama data, Ethena’s (ENA) TVL was $8.44 billion at the end of July. Compared to $5.46 billion at the start of the month, this represents a significant increase, suggesting that the platform is growing and gaining traction.…
PENGU’s rally has reversed with a 17% weekly loss, as on-chain data points to one insider-linked wallet offloading over $17 million worth of tokens to exchanges since July. Summary PENGU is down 17% in a week as a wallet linked to the deployer sent over $17M worth of tokens to exchanges. Technical indicators show early signs of weakness, with a bearish MACD crossover and falling RSI. Despite the correction, long-term trend lines remain bullish, supported by high trading volume. The Pudgy Penguins (PENGU) token has declined sharply in recent days, falling 6.5% in the last 24 hours to $0.03533. Over…
Cboe BZX Exchange and NYSE Arca have submitted proposals to the U.S. Securities and Exchange Commission that would allow crypto exchange-traded funds to list under a standardized framework. Summary Cboe BZX and NYSE Arca filed proposals to allow crypto ETFs to list without individual 19b-4 approvals. The SEC recently approved in-kind ETF redemptions, indicating support for crypto fund reforms. Coordinated efforts from the SEC, Congress, and the White House signal growing regulatory clarity. The proposed rule changes aim to eliminate the need for case-by-case approvals through the 19b-4 process, which often extends up to 240 days. ETF analyst Nate Geraci…
A week ago, the price of the CCD token surged from around $0.004 on July 20 to approximately $0.0119 by July 22, following the announcement of its listing on the Kraken exchange. As of July 29, the price has pulled back noticeably — but where is it headed next? In this article, we’ll take a closer look at the Concordium price prediction to get a sense of what might be in store for this token moving forward. Summary Concordium spiked in July 2025 after a Kraken listing, but has since seen a short-term correction Analytical sites offer a wide range…
Bitcoin’s stable position between $118,000 and $120,000 has provided a supportive environment for altcoins to recover and gain momentum. Currently, we are witnessing a pullback due to the Bitcoin (BTC) dominance finding support; however, analysts expect that we can see an altcoin rally yet again in August. Summary Amid Bitcoin stability, altcoins such as BONK, PENGU, PEPE, and DOGE are showing promise. With Bitcoin hovering between $118K and $120,000, August is a good month for speculative investments. Top picks with bullish potential: XRP gains from practical use and legal clarity, while Ethereum and Chainlink provide solid fundamentals and usefulness. In…
SHIB’s open interest just shed over $100 million in days, marking one of its steepest pullbacks since mid-July, after briefly peaking at $328 million. With Shibarium’s TVL dwindling and broader memecoin sentiment cooling, traders are questioning whether burns alone can reignite momentum. Summary Shiba Inu price fell nearly 9% this week amid a $100 million drop in open interest. Shibarium’s total value locked sank to $1.76 million, down over 70% from late 2023. The memecoin’s reliance on token burns is being tested as market preferences shift toward utility-driven projects. On July 30, Shiba Inu’s (SHIB) price slid to $0.00001266, marking…
As OKX releases its latest proof of reserves, holding $28.8 billion in assets, a curious trend emerges: Bitcoin withdrawals persist while Ethereum deposits climb. What’s driving the shift, and does it signal deeper market dynamics? Summary OKX’s 33rd proof of reserves confirms full backing of $28.8B in user assets, with BTC at 106% and ETH at 101%. Despite robust reserves, user-held Bitcoin dropped by 8,395 BTC since May, a nearly $1B outflow. Ethereum deposits surged 6%, signaling shifting sentiment as traders embrace ETH’s growing on-chain utility. On July 30, crypto exchange OKX published its 33rd proof of reserves, verifying it…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Shiba Inu rallies steadily while Pepeto gains hype with huge presale growth and potential 17,800% surge. Summary Pepeto presale surges with $5.7m raised, promising huge memecoin gains. Pepeto’s zero-fee exchange and cross-chain bridge boost growth potential. SHIB steadies, but Pepeto’s roadmap aims for big breakout in 2025. Shiba Inu (SHIB) has shown renewed momentum after a notable long-term rally lasting more than a month. Nevertheless, the growing enthusiasm around Pepeto (PEPETO), a fast-rising memecoin with real infrastructure, could shift investor sentiment…
Aave has rejected from high-timeframe resistance at $316 and is now approaching a critical support zone. While short-term weakness has emerged, the broader structure may still favor bullish continuation. Summary Aave rejected from high-timeframe resistance at $316 and lost the point of control. Major support sits at $227, backed by Fibonacci, structure, and a bullish order block. Holding $227 could trigger a bounce toward $390 and maintain the bullish market trend. After failing to break through the $316 high-timeframe resistance, Aave (AAVE) began a corrective move that has now brought price action down to the point of control. This level…